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Market Jitters Pull Bitcoin Toward Critical Support

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A giant, golden, cracked Bitcoin logo is slowly sliding into the void, already partially unbalanced. A red rope still holds it, but it's visibly fraying, stretched to the limit. On the left, a trader is kneeling on the edge, clinging to the rope.

The $100,000 threshold, long perceived as a strong floor for Bitcoin, is faltering. Falling to $108,938, the asset slips towards a critical zone. Geoffrey Kendrick, analyst at Standard Chartered, now speaks of an imminent break of this symbolic level. The scenario of a drop below $100,000 is gaining ground, reigniting tensions in an already pressured market.

L’article Market Jitters Pull Bitcoin Toward Critical Support est apparu en premier sur Cointribune.

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